| Product Code: ETC7369361 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The electric space heater import shipments to Grenada experienced significant growth in 2024, with top exporting countries being USA, China, UK, Puerto Rico, and Germany. The market concentration remained high, indicating a competitive landscape. The impressive CAGR of 24.5% from 2020 to 2024 highlights the increasing demand for electric space heaters in Grenada. Moreover, the remarkable growth rate of 61.58% from 2023 to 2024 suggests a surge in popularity for these products. This data indicates a thriving market for electric space heaters in Grenada, driven by a diverse range of exporting countries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Grenada Electric Space Heater Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Space Heater Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Space Heater Market - Industry Life Cycle |
3.4 Grenada Electric Space Heater Market - Porter's Five Forces |
3.5 Grenada Electric Space Heater Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Grenada Electric Space Heater Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Electric Space Heater Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Grenada Electric Space Heater Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and the shift towards sustainable heating solutions. |
4.2.2 Rising demand for portable and efficient heating solutions in residential and commercial spaces. |
4.2.3 Government incentives and regulations promoting the adoption of energy-efficient appliances. |
4.3 Market Restraints |
4.3.1 High initial costs associated with electric space heaters compared to traditional heating methods. |
4.3.2 Seasonal demand fluctuations affecting sales and market growth. |
4.3.3 Intense competition from alternative heating technologies like gas heaters or heat pumps. |
5 Grenada Electric Space Heater Market Trends |
6 Grenada Electric Space Heater Market, By Types |
6.1 Grenada Electric Space Heater Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Space Heater Market Revenues & Volume, By Types, 2021- 2031F |
6.1.3 Grenada Electric Space Heater Market Revenues & Volume, By Convector Heater, 2021- 2031F |
6.1.4 Grenada Electric Space Heater Market Revenues & Volume, By Radiant Heater, 2021- 2031F |
6.2 Grenada Electric Space Heater Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Space Heater Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Electric Space Heater Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Grenada Electric Space Heater Market, By Distribution |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Space Heater Market Revenues & Volume, By Online, 2021- 2031F |
6.3.3 Grenada Electric Space Heater Market Revenues & Volume, By Offline, 2021- 2031F |
7 Grenada Electric Space Heater Market Import-Export Trade Statistics |
7.1 Grenada Electric Space Heater Market Export to Major Countries |
7.2 Grenada Electric Space Heater Market Imports from Major Countries |
8 Grenada Electric Space Heater Market Key Performance Indicators |
8.1 Average energy efficiency rating of electric space heaters in the market. |
8.2 Number of energy-efficient heating solutions certified by regulatory bodies in Grenada. |
8.3 Percentage of households or businesses using electric space heaters as a primary heating source. |
9 Grenada Electric Space Heater Market - Opportunity Assessment |
9.1 Grenada Electric Space Heater Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Grenada Electric Space Heater Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Electric Space Heater Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Grenada Electric Space Heater Market - Competitive Landscape |
10.1 Grenada Electric Space Heater Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Space Heater Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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